Regional pay contributes to recession

There is no evidence that regional or local pay deals for groups of workers such as teachers, nurses or bin collectors will lead to more jobs.

The New Economic Forum was asked by the TUC to analyse the government’s case and to point to the possible impact of the policy of cutting wages for public sector workers in some regions.

It estimated that the introduction of regional pay could lead to a £10 billion loss to the economy and the loss of 110,000 jobs. Even using the government’s own assumptions, in the best case only 11,000 more people would find jobs but there would be a £2.7 billion reduction in spending in the areas affected.

The ConDems have not studied the impact of their plans. They clearly do not care. Overall they will end up reducing the total wages bill both regionally and nationally. This will lead to public workers spending less in the shops, depressing the economy.

In Parliament parties outside the coalition have opposed the regionalisation of pay. Even 25 Liberals and 6 Conservatives who represent constituencies where the government intends to cut pay have voiced their concerns. 100 MPs have signed an early day motion to have a debate on the issue.

This vindictive policy is a deliberate attack on workers’ wages, which in the long run will also damage profits if it contributes to the recession by cutting spending.

Poor benighted creatures, these capitalists. They can’t always make their system work for themselves. Why should we workers, the 95%, continue to let them ruin our lives?

 

The Workers’ Party Twitter Feed

Liberals & many on the 'left' exaggerate differences between Trump & Biden; click to see what would make a real difference.
There is no effective “freedom” in a society in which working people live in poverty & billionaires live like parasites.
https://m.facebook.com/story.php?story_fbid=10221826359541925&id=1045558919&sfnsn=scwspmo

Biden opposed moves to rebuild Afghanistan, advising a policy of fighting terrorism in the country. He also opposed withdrawal of US troops, which Trump carried out.
https://tolonews.com/afghanistan/biden’s-comments-rile-afghans-internationals

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Biden's regime will hold on to enclaves in the North East and work alongside Turkish invaders, continuing sanctions against the Syrian government. In general, Biden wants US global leadership, which he sees as being diminished by Trump's inconsistencies.
https://www.atlanticcouncil.org/blogs/menasource/limited-and-constrained-the-biden-administration-and-the-prospects-of-a-syria-policy/

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Biden intends to have tighter sanctions on DPRK, and to have stricter preconditions with respect to engaging on talks. The Democrat's president also intends to strengthen an alliance against North Korea. https://www.reuters.com/article/us-usa-election-biden-northkorea-analysi/biden-on-north-korea-fewer-summits-tighter-sanctions-same-standoff-idUSKBN25G2QO

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

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